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O Sale Operating cooking depreciation Depreciation and amortization Earnings before interest and taxes Los interest Pro-tax income TOS Net income available to common stockholders Common dividends 57.200 00 5.400 00 1655 $1.634 40 1543 $1.479.60 5918 5887.80 $799.00 2 56 000.00 5. 100 00 13 762.00 129 $633 00 253 2 $379.80 $303 BO 2019 2018 Balance Sheets: Assets Cash Short-term investments Accounts receivable Inventories Total current assets Not plant and equipment Total assets $72 50 36 1.008 00 1.425.00 $2.541.60 1.656.00 $4,197 60 $66.00 30 840 1.140.00 $2.076.00 1,380.00 $3,456,00 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $396.00 414 164 $954.00 1,440.00 $2,394.00 1,600.90 202.7 $1,803.60 $4.197.60 $360.00 360 120 $840,00 1.200.00 $2,040.00 1,302.10 113.9 $1,416.00 $3.456.00 Tax rate = 40% (For this problem, I recommend you work with Excel and copy your clean answer table here) a. What is the net operating profit after taxes (NOPAT) for 2019? b. What are the amounts of net operating working capital for both years? c. What are the amounts of total net operating capital for both years? d. What is the free cash flow for 2019? e. What is the ROIC for 2019? f. Assume WACC is 10%. What is the Economic Value Added (EVA) in 2019? g. Can you also calculate Market Value added (MVA) for 2019? Why or why not? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). R

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